Deutsche Lufthansa (ETR:LHA) Shares Pass Above 200 Day Moving Average – Should You Sell?

Deutsche Lufthansa AG (ETR:LHA)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €7.58 and traded as high as €8.59. Deutsche Lufthansa shares last traded at €8.55, with a volume of 3,919,898 shares changing hands.

Deutsche Lufthansa Price Performance

The firm has a fifty day moving average of €7.77 and a 200 day moving average of €7.60. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28. The company has a market capitalization of $10.64 billion, a P/E ratio of 11.76, a P/E/G ratio of 0.07 and a beta of 1.54.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings. Its Logistics segment offers airfreight container management, urgent shipments, and customs clearance services; and e-commerce solutions. The MRO segment provides maintenance, repair, and overhaul services for civil commercial aircraft serving original equipment manufacturers, aircraft leasing companies, operators of VIP jets, government, armed forces, and airlines.